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The Public Economics of Long-Term Care

Author

Listed:
  • Pestieau, Pierre

    (Université catholique de Louvain, LIDAM/CORE, Belgium)

  • Ponthiere, Gregory

Abstract

With the rapid increase in LTC needs, the negligible role of the market and the declining role of informal family care, one would hope that the government would take a more proactive role in the support of dependent elderly, particularly those who cannot, whatever the reason, count on assistance from their family. The purpose of this paper is to analyze the possibility of designing a sustainable public LTC scheme integrating both the market and the family.

Suggested Citation

  • Pestieau, Pierre & Ponthiere, Gregory, 2021. "The Public Economics of Long-Term Care," LIDAM Reprints CORE 3150, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvrp:3150
    Note: In: Martin Guzman (ed.), Toward a Just Society : Joseph Stiglitz and Twenty-First Century Economics, Columbia University Press, 2018, p. 493-507 (chap. 23)
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    JEL classification:

    • I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination

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